b An open house is a perfect opportunity for the listing agent to ask prospective buyers lots of questions, such as "have you been pre-qualified for a mortgage?" or "how long have you been looking?" Instead of being on the receiving end of all the questions, why not ask a few of your own? Questions that will help you decide if this is the perfect house for you or if you should walk away. Here is Question #3 of "7 Questions You Should Ask at an Open House."
Questions You Should Ask at an Open
#3: Have the
Received Any Offers and, If So, Why Weren't They Accepted?
If the owners rejected
numerous offers that were too low or had
contingencies or conditions they just weren't comfortable with, you
should know sooner rather than later. Submitting an offer on
property is the most nerve-wracking part of finding your new home -
simply because of the anticipation of whether or not your offer will be
accepted. If you can avoid some of the stress of that time
by arming yourself with knowledge, so much the better!
the third question you should ask at an open house is if
the owners received any offers and, if so, why they weren't accepted.
the owners rejected offers because they were too
low, you will know not to even attempt to place an offer in that price
range. If the sellers are averse to paying your closing costs
will not help with a downpayment or don't want to leave the alligator
hung above the wood-burning fireplace, knowing in advance will help you
make the best offer you can. Not only that, it will help you
place an offer that is more likely to get accepted!
Excellence Realtor with Architectural Dimension
all your Real Estate needs in MD, VA & Wash., DC
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